USDC seeks investment council noms

The U.S Department of Commerce announced July 19 that it is accepting nominations for the Secretary’s Investment Advisory Council. The role of the Council is to consider ways to attract and retain foreign direct investment (FDI) in the U.S. The U.S. is home to more FDI than any country in the world, with a total stock of $3.7 trillion at the end of 2016. “The Investment Advisory Council plays a critical role advising the department on how we can best support (the president’s pro-business) mission by further increasing our FDI footprint while creating new American jobs,” said Secretary Wilbur Ross. The Council has made recommendations on issues including broadening infrastructure investment priorities, improving U.S. workforce initiatives, and refining digital tools. Membership consists of up to 20 members appointed by the Secretary, and serves a two-year term. Nominees should represent companies/organizations investing, seeking to invest, seeking foreign investors, or facilitating investment across many sectors. (Source: Commerce Department 07/19/18)